United States — Louisiana Statutes

RS 11:1334

Citation

Citation unavailable

Stored provisions

1 provision

Unused accumulated sick leave is added to a member’s membership service when the member retires or dies before retirement, subject to the stated conversion rules.

• Leave
• Retirement benefits

RS 11:1335

Citation

Citation unavailable

Stored provisions

1 provision

A member may ask for unused annual and sick leave to be paid in a lump sum, and some members are entitled to payment at actuarial value instead of the 100% retirement-credit cap.

• Back-drop
• Leave conversion
• Lump-sum payment

RS 11:1336

Citation

Citation unavailable

Stored provisions

1 provision

Section 1336 was repealed.

RS 11:1337

Citation

Citation unavailable

Stored provisions

1 provision

This section was repealed, effective July 1, 2011.

RS 11:1338

Citation

Citation unavailable

Stored provisions

1 provision

Section 1338 was repealed effective July 1, 2011.

RS 11:1341

Citation

Citation unavailable

Stored provisions

1 provision

This section creates a separate, unfunded, nonqualified excess benefit plan.

• Benefit plans

RS 11:1342

Citation

Citation unavailable

Stored provisions

1 provision

This section defines key terms used for an excess benefit plan.

• Retirement benefit definitions

RS 11:1343

Citation

Citation unavailable

Stored provisions

1 provision

The board administers this excess benefit plan, and eligible participants receive a monthly benefit calculated under the section’s formula.

• Benefit calculation
• Plan administration
• Retirement benefits

RS 11:1344

Citation

Citation unavailable

Stored provisions

1 provision

Employer contributions for this excess benefit plan must be separated from the system’s pension plan, paid into the excess benefit plan on time, and never mixed with pension-plan money or transferred from the pension plan.

• Benefit funding
• Contributions
• Plan administration

RS 11:1345.1

Citation

Citation unavailable

Stored provisions

1 provision

This section creates the New State Police Retirement Plan and says it applies to certain people whose first qualifying state-system employment began on or after January 1, 2011.

• Retirement plan eligibility

RS 11:1345.2

Citation

Citation unavailable

Stored provisions

1 provision

This section defines key terms for the New State Police Retirement Plan and sets limits on how average compensation is calculated.

• Compensation calculation
• Retirement plan definitions

RS 11:1345.3

Citation

Citation unavailable

Stored provisions

1 provision

Certain eligible new hires must join the New State Police Retirement Plan as a condition of employment.

• Employment eligibility
• Retirement plan membership

RS 11:1345.4

Citation

Citation unavailable

Stored provisions

1 provision

A member is eligible for retirement if the service requirements in this section are met, but an employee who retires under this paragraph cannot join the listed retirement option programs.

• Public employee retirement

RS 11:1345.5

Citation

Citation unavailable

Stored provisions

1 provision

A member is entitled to a retirement benefit equal to 3.3333% of average compensation for each year of creditable service, capped at 100% of the member’s average compensation.

• Employee benefits
• Pensions

RS 11:1345.6

Citation

Citation unavailable

Stored provisions

1 provision

A member may participate in the Back-Deferred Retirement Option Program unless the member retires under R.S. 11:1345.4(3).

• Retirement options

RS 11:1345.7

Citation

Citation unavailable

Stored provisions

1 provision

This section sets disability retirement rules for members, including a 75% benefit in some cases and entitlement to other disability benefits if disability is unrelated to duty and the member has at least 10 years of service credit.

• Benefit calculation
• Disability retirement
• Service credit

RS 11:1345.8

Citation

Citation unavailable

Stored provisions

1 provision

Qualified survivors of a member who dies in the line of duty, or from a related injury while on active duty, can receive survivor benefits.

• Death benefits
• Disability survivors
• Survivor benefits

RS 11:1345.9

Citation

Citation unavailable

Stored provisions

1 provision

If an active member dies outside the performance of duties, the surviving spouse or children have the same pension rights as under R.S. 11:1323.

• Benefits administration

RS 11:1351

Citation

Citation unavailable

Stored provisions

1 provision

This section applies to certain judges and court officers who were in office on October 1, 1976 and did not timely choose membership in the Louisiana State Employees' Retirement System. It also defines “judge” for this Part.

• Judicial personnel
• Retirement eligibility

RS 11:1352

Citation

Citation unavailable

Stored provisions

1 provision

Judges must retire at age 70, with several service- and age-based retirement options that can affect pay.

• Benefits
• Retirement eligibility